Taxes

Rx8

I work for a sub-contractor so I get a 1099, the person who normally does my taxes said I can't write off my miles because I dont have my own business. I was always under the impression if your "self-employed" I had that right... if anyone could clarify this to me a bit better I would realy appreciate it (I ask here first before I make a call to H&R block because im sure 90% of you have dealt with this before) thanks.

mnjconstruction

You can write off either your milage or acual costs. think milage is something like 55 cents now. i save all gas slips, oil changes, tires etc.

dirt diggler

two of the quickest ways to piss off your friends:


1) discussing politics

2) and giving tax advice

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Thanks in advance!!!

Mike Finley

Do you or don't you have a business?

You're either pregnant or your are not, there is no inbetween.

Whether you have a business or not has nothing to do with any games somebody is playing with you in regard to 1099ing you or pretending you're an employee or whatever the game is. What they are doing has nothing to do whether you have a business or not.

Do you or don't you?

Tinstaafl

Uh, more commonly that would be "I work as a subcontractor. Working for anyone, whether he's a subcontractor or not, does not define you as a self-employed independent.

But if indeed you are one, you definitely have the right to claim a deduction for business mileage.

Warren

I work for a subcontractor so I get a 1099????

Lots of people work for subcontractors and get W-2's
If you are truly self employed then you will have to file a Schedule C showing a profit or loss from your "business"
Mileage is deductible but you will be asked if you have written evidence of the miles driven.
Generally, employee's driving from home to one job site can't deduct the miles driven. Then again, an employee would not be given a 1099.

Mellison

You forgot talking religion.
That's always a winner.

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"Enjoy Every Sandwich" Warren Zevon

Dustyrose

Abortions another

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Politics is the art of preventing people from taking part in affairs which properly concern them. Paul Valery

Handymanservice

So, he pays you cash?
It sorta sounds like you are his employee, that he doen't have payroll set up, and no Workman's Comp?
Maybe I am wrong, the OP is a little hazy.
If you work for the guy and he gives you a legitimate 1099, I would assume that you have a business license and have already filed schedule C in the past for this business?
If he gives you a 1099 because you don't dispute it, you should really, really look at getting another job and making some phone calls. It is illegal for him to 1099 you.
Are you "self-employed" is the real question. I am self employed because I own my own business, I solicit my own work and work when I want to. If I work with a sub-contractor, I get a 1099 and pay taxes on it. But, I tell the sub-contractor how much I am going to charge.
Are you paid by the hour? Told what time to be to work and what time to quit? What day to work and what day not to?
If yes, you are an employee and being taken advantage of......

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easymoney

You can actually write off the Mileage your body travels after a CNRHK ... If you survive ... to date nobody has ever been Reimbursed.

joasis

To clarify, a 1099 "assumes" you are your own company, since it is not legal to pay an employee without following the rules.

Mileage is legally deductible under this condition, but if you use the vehicle for any other purpose, you are supposed to document (log) the mileage used for business purposes and deduct only that.

I deduct all miles on the odometer, since my work trucks have no personal use. If you take the time to compile gas receipts and tires, etc., you will find it is much easier to take the mileage. If you have heavy equipment that uses diesel, or can justify gasoline for power trowels or generators, etc., then track this as well...it is a deduction.

Not all tax preparers are right. I use an accountant.

I admire guys that can keep up to date and accurate books....I know one contractor that makes an entry in quick books EVERY time pays or gets paid......he doesn't spend hours looking at receipts and canceled checks, trying to guess what it all means in the midnight hours before the appointment with the accountant.

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KentWhitten

As a business, what is your largest expenditure?

Once you know what that is, ask yourself why you are not fully educating yourself on what takes the most money out of your business.

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If you correct your mind, the rest of your life will fall into place ~Lao Tzu

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